A sad, surprising turn of events is happening with the Jewish Conference on Material Claims Against Germany Inc. It is a relatively unknown situation that, precisely because it has elements of betrayal, deserves publicity and oversight and correction.
Consider the case of Albert L. and his children. Albert owned a 25 percent share in a Berlin company that produced oilcloth and carpets. Since the owners were Jewish, the Nazis seized the company. The claims conference received a damage award of $3,127,593 for the loss of the company. Albert died, leaving two children, Helga and Claude. Helga, who had health problems, filed a claim and was paid $312,800. Her brother Claude, who does not have comparable health problems, is being offered about $129,000. Thus, of the $3,127,593 received, the claims conference is not paying out more than $441,000 in total.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]